UCC Document Community

Just to pile on here - definitely no UCC 11 California form. Your lender probably has internal form numbers that don't match state forms. Focus on the UCC-3 continuation and get that debtor name corrected first. California SOS doesn't play games with name mismatches.

Late to this thread but wanted to add - I've seen the 'UCC 11' confusion before. Banks sometimes use their own internal numbering that doesn't match state forms. Always go directly to the Secretary of State website for the correct forms. California uses standard UCC-1, UCC-3, etc.

One thing that's helped me is creating a spreadsheet with all possible name variations before I start searching. Include legal name, DBAs, common abbreviations, with and without punctuation, etc. Then systematically work through each one.

Thanks everyone for the advice. Going to try a more systematic approach and check multiple states. Hopefully I can avoid any nasty surprises down the road.

Update us on how the refile goes! Always curious to see if the exact charter match works in these situations.

Just to add another data point - I had a PA UCC-3 amendment rejected last month for the same type of punctuation issue. Their system definitely got stricter about exact matches. But once you get the name right, everything else usually processes smoothly.

The key thing about deposit account priority is that the bank where the account is held almost always wins if they have a security interest, regardless of filing dates. UCC 9-327(1) is pretty clear about that. Your equipment collateral is separate though - you should have clear priority there if you filed first.

Just to close the loop on this - make sure you're not overthinking the 9-332 angle. That section is really narrow and probably doesn't apply to your situation. Focus on getting clear documentation of what each party perfected and when, then negotiate from there. Most of these disputes settle once everyone understands their actual position.

Don't forget about terminated filings in your UCC-1 list! You need to track those too for audit purposes. Some examiners want to see that you properly terminated liens when loans were paid off. I keep a separate 'terminated' section in my spreadsheet.

Quick question - are you tracking UCC-3 amendments in your list too? If you've done any amendments to add collateral or change debtor info, those need to be reflected in your master list. The continuation calculations are still based on the original UCC-1 date though.